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Holder: World Bank estimates corruption serves as 20 percent tax

US Attorney General Eric Holder on Monday reaffirmed his country’s commitment to fight corruption, which he described as “one of the great struggles of our time.” “Put simply, corruption undermines the promise of democracy. It imperils development, stability, and faith in our markets,” he said at the Paris headquarters of…

Holder: World Bank estimates corruption serves as 20 percent tax

US Attorney General Eric Holder on Monday reaffirmed his country’s commitment to fight corruption, which he described as “one of the great struggles of our time.” “Put simply, corruption undermines the promise of democracy. It imperils development, stability, and faith in our markets,” he said at the Paris headquarters of…

41 industry leaders call on Congress to halt corporate ‘bribery’

WASHINGTON — Forty-one business leaders have co-signed letters sent to Democratic and Republican leaders in Congress voicing their opposition to Thursday’s Supreme Court ruling that frees corporations to spend unlimited amounts on influencing elections. “Is there a difference between campaign contributions and bribery?” said Alan Hassenfeld, chairman of Hasbro, Inc,…

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